Re:Facebook trades under $30, down 7%+
by InclinedPlane on Tuesday May 29, 2012 @02:02PM
(#4038810)
Right, so Facebook could potentially grow by 150%, maybe. But their valuation is predicated on them growing by a factor of 10x or more. That's the issue.
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Re:Facebook trades under $30, down 7%+
by ryanmerket on Tuesday May 29, 2012 @03:48PM
(#4039366)
Now take the 9 million sites with the Like button and throw in some extra Javascript for a 'Social Adsense' product. Now they have implicit and explicit data to target off of. There's your 10x growth in revenue.